One FX strategist says he expects the Canadian dollar to be trading around 72 cents U.S. around the end of the year, adding the loonie is currently trading near that level.
Take that, America.
Never underestimate the strength of Canadian resolve in the face of enemy action.
Depends if you get your income locally or from said exports. A strong loonie means all your crap from China will get cheaper (although what’s actually going on here is a weak greenback).
Which is fine by me, based purely on how long a lettuce will last against Trump who is purposely tanking global markets through sheer hubris (a la Liz Truss)
Because Canada exports a lot of raw materials our dollar going up is not that great for us.
At the same time we import a lot of manufactured goods so too low isn’t good either.
If you’re three corporation in a trench coat maybe.
TFW and mass immigration are also really good for corporations, you could say the same thing about that as it destroys the middle class.
Chatbots tend to have a one-track discourse. Talking points strung on other talking points.
Yep 🙄
Depends if you get your income locally or from said exports. A strong loonie means all your crap from China will get cheaper (although what’s actually going on here is a weak greenback).
Which is fine by me, based purely on how long a lettuce will last against Trump who is purposely tanking global markets through sheer hubris (a la Liz Truss)
Lettuce not make that mistake again. We are though ugh.